Day: April 15, 2013

Should I sell my gold? Should I buy Gold?

[cmwizard menu=goldmenu title=”Our Gold Pages”/] I am getting two questions a lot today. Should I sell gold? Should I buy gold? I have made an effort to answer these questions on our blog. Please look here for two posts in relation to these questions – links below. Do keep in mind that selling stocks versus selling gold bullion or coins are two separate things.If you make the wrong choice and don’t sell your bullion, gold is never going to zero. If you make the wrong choice with a gold stock, it could easily go to zero if the company is not

Our take on the “Gold Crash”

[cmwizard menu=goldmenu title=”Our Gold Pages”/] Clearly, many people just lost big on Gold. If you are looking for why, it is relatively simple – in my opinion. Let’s start with this headline: “Cyprus to sell around 400 million euros worth of gold” (from Reuters on April 10, 2013).  That’s the first issue with gold. Our European friends are likely going to be dumping gold into the markets over the next few months from many of the weaker countries. That means that no gold price will be stable for a while. On top of that, the European Central Bank and the United

Gold Stocks? A Value Now?

[cmwizard menu=goldmenu title=”Our Gold Pages”/] Gold stocks… A value now? That’s a good question. I would say ONLY VERY PROFITABLE gold stocks that are still producing… And ONLY at the right price. Those that have not reached the gold and are not at all profitable will all fall to pieces. I will be reviewing the gold stocks we have covered. More on those soon. Smallcap gold stocks on the US exchanges and the TSX Venture… Ouch!  Look out there. So many on the smallcaps and the TSX Venture are looking for gold but not quite finding it. Choose producers only. Choose